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U.S. markets news

Apple pushes S&P 500 to record close; Boeing hits Dow
NEW YORK (Reuters) - Stocks ended mostly higher on Wednesday, with the S&P 500 closing at a record on Apple's bullish results, though Boeing weighed on the Dow and conflicts in Ukraine and the Gaza Strip kept the broader market's gains in check.
Morning MoneyBeat Asia: S&P 500 Attains Another High in Mixed Session  Wall Street Journal (blog)
Profits at Apple, Microsoft lift S&P 500 as Boeing disappoints  The Australian
Newsday   Related articles »  
American Apparel appoints first female director to board
American Apparel has disclosed the names of four new board members, including the first female director in the history of a company known for racy advertising.
American Apparel Names New Board in Step to Resolve Leadership Crisis  Wall Street Journal
American Apparel Should Hire One of These 6 Executives to Replace Dov ...
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Meat Supplier in China Scandal Has Global Reach
It isn't a household name, but the company at the center of a food scandal in China helps make some of the world's most popular foods, including the Big Macs and Quarter Pounders served at McDonald's locations.
Meat supplier in China scandal grew up as McDonald's butcher  The Seattle Times
Yum cuts ties to owner of China meat plant after scandal  Chicago Tribune
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Wheeler Signals NZ Rate Pause After Four Raises This Year
New Zealand's central bank signaled it will pause its interest-rate increases amid benign inflation and a currency it said is at an �unjustified and unsustainable� level.
Wheeler Signals Pause in World-Leading RBNZ Rate Tightening  Businessweek
NZ central bank raises rates for fourth-straight time  Sydney Morning Herald
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UPDATE 3-Ex-Jefferies trader gets 2 years in prison in fraud case
(New throughout, adds details from hearing, background, comments). By Jonathan Stempel. NEW HAVEN, Conn., July 23 (Reuters) - A former Jefferies Group Inc managing director convicted of defrauding investors who traded mortgage bonds through a ...
Trader gets two years for TARP fraud
Ex-Jefferies Executive Litvak Gets Two Years for Fraud  Businessweek
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Saving Taxpayers From Money Funds
Since 2008 politicians have put taxpayers on the hook for guaranteeing losses in ever more of the financial system. So behold Wednesday's little miracle, in which the Securities and Exchange Commission began shrinking the implied taxpayer safety net ...
Money fund rule changes offer new reality to US retail investors  Reuters
BlackRock, Fidelity Back SEC's Money-Fund Solution  Bloomberg
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FAA caution on Israel flights reflects concern after Ukraine incident
The U.S. ban on flights to and from Israel disrupted travel from Ben Gurion International Airport in Tel Aviv. The U.S. ban on flights to and from Israel disrupted travel from Ben Gurion International Airport in Tel Aviv.
Cruz Suggests Flight Ban Is Boycott of Israel  ABC News
UN Body to Widen Flight Warnings  Wall Street Journal
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Government Proposes Faster Changes in Rail Tank Cars
A tank car in North Dakota. Under the new rules, tank cars used for crude oil, ethanol and other petroleum products would require increased steel shielding and better thermal protections.
US releases extensive draft rules for shipping crude oil by rail  The Globe and Mail
DOT proposal to lower speed of oil trains would exclude smaller cities
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Arrests made in global, $1.6M StubHub cybertheft case
NEW YORK - Seven people around the world have been arrested in connection with an international cybercrime ring that illegally accessed 1,600 StubHub accounts and stole more than $1.6 million in tickets.
Seven Arrested For Fleecing StubHub For $1.6 Million In Tickets  Forbes
UPDATE 3-Seven arrested internationally in $1.6 million StubHub fraud  Reuters
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SEC Sends McGraw Hill Wells Notice Tied to CMBS Ratings
McGraw Hill Financial Inc. (MHFI) said it received a notice from the U.S. Securities and Exchange Commission that the regulator may seek an enforcement action tied to six commercial-mortgage backed securities that its Standard & Poor's division graded in ...
SEC Considering Action Against S&P Over Ratings  ABC News
SEC Scrutinizes McGraw Hill Over Commercial Mortgage Securities  New York Times
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